Capita plc (LON:CPI) Receives GBX 464.20 Consensus PT from Analysts

Shares of Capita plc (LON:CPI) have been assigned an average recommendation of “Moderate Buy” from the six analysts that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is GBX 434.20.

CPI has been the subject of a number of recent research reports. Canaccord Genuity Group decreased their price target on shares of Capita from GBX 900 to GBX 750 and set a “buy” rating for the company in a research note on Friday. Shore Capital Group reiterated a “buy” rating on shares of Capita in a report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft upped their target price on shares of Capita from GBX 300 to GBX 320 and gave the stock a “hold” rating in a report on Friday, March 27th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 450 price target on shares of Capita in a research report on Friday, March 27th.

Capita Stock Up 3.6%

Shares of LON:CPI traded up GBX 8 during trading on Friday, reaching GBX 229. 2,514,262 shares of the stock were exchanged, compared to its average volume of 1,576,746. The company has a debt-to-equity ratio of 1,526.79, a current ratio of 0.54 and a quick ratio of 0.53. Capita has a 1-year low of GBX 215 and a 1-year high of GBX 416. The stock has a fifty day moving average of GBX 330.74 and a two-hundred day moving average of GBX 334.43. The firm has a market cap of £274.30 million, a price-to-earnings ratio of -1.59, a price-to-earnings-growth ratio of 0.18 and a beta of 0.91.

Insider Activity

In other news, insider Pablo Andres bought 1,767 shares of the stock in a transaction dated Friday, May 29th. The stock was bought at an average price of GBX 402 per share, for a total transaction of £7,103.34. Also, insider Adolfo Hernandez purchased 2,763 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The shares were purchased at an average cost of GBX 405 per share, for a total transaction of £11,190.15. In the last three months, insiders have purchased 27,410 shares of company stock worth $10,897,189. Company insiders own 5.34% of the company’s stock.

About Capita

Capita is a modern outsourcer, helping clients across the public and private sectors run complex business processes more efficiently, creating better consumer experiences. Operating across 8 countries, Capita’s colleagues support primarily UK and European clients with people-based services underpinned by market-leading technology. We play an integral role in society – our work matters to the lives of the millions of people who rely on us every day.